187, HORSESHOE LANE, WATFORD, WD25 7JB - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

187 HORSESHOE LANE is a very small semi-detached house of 69m², built sometime before 1900. It was last sold for £325,000 in October 2015, which was around 55% below the average October 2015 detached price in the Watford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

187 HORSESHOE LANE Sold Prices

Land registry data shows three sales for 187 HORSESHOE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Watford local authority area for the corresponding sale date. All of the three 187 HORSESHOE LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 12 OCT	£325,000	£725,502	55% below HPI
1999 21 SEP	£129,000	£222,983	42% below HPI
1996 2 MAY	£74,500	£137,954	46% below HPI

187 HORSESHOE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Watford local authority area over time, sourced from the HPI. The three 187 HORSESHOE LANE sales between May 1996 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2015 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 187 HORSESHOE LANE?

187 HORSESHOE LANE is 69m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Watford, based on EPC data. The below chart shows the distribution of detached houses by size in Watford, and where 187 HORSESHOE LANE lies on this distribution: 3% of detached houses are smaller than 187 HORSESHOE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Watford.

187 HORSESHOE LANE: Plot and Title Map

187 HORSESHOE LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 187 HORSESHOE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 187 HORSESHOE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 187 HORSESHOE LANE?

187 HORSESHOE LANE is located in WATFORD, in the WD25 postcode district. The below map shows the position of No. 187 on HORSESHOE LANE.